Seed · Fintech · Vilnius, Lithuania · Founded 2021 · 10–15 employees
Torus is a SaaS intelligence platform that helps banks and fintech companies optimize their card transaction profitability by analyzing Visa and Mastercard scheme fees. Founded in 2021 by ex-Mastercard executives, the company enables financial institutions to reduce fees paid to card networks by up to 20% through advanced analytics of billing data. The startup has gained significant recognition, ranking 8th on Sifted's fastest-growing fintech startups in Eastern Europe and the Baltics. The company has raised approximately $3.3 million in funding and serves banks, card issuers, and merchant acquirers with granular insights into transaction fees and profit margins.
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